East Idaho Times

U.S. Senators Mike Crapo and Jim Risch from Idaho have successfully prevented the Securities and Exchange Commission (SEC) from enforcing a requirement that would have mandated companies to report supply chain emissions. The Senators expressed their satisfaction with the decision, emphasizing the potential adverse impact on farmers and ranchers.

Crapo criticized the attempted regulation by stating, “Because Democrats in Congress have been unable to enact radical climate policy through legislation, unelected bureaucrats in the Biden Administration have attempted to implement their preferred agenda through regulation, with little regard for American businesses." He further added, "Our hard-working farm and ranch families have enough to worry about without adding the unnecessary burden of hiring compliance officers to handle SEC reporting. Dropping this requirement is the right call on a misguided proposal."

Risch echoed similar sentiments, mentioning, “The SEC dropping this emission rule is a significant win for Idaho’s farmers and ranchers." He criticized the imposition of excessive emission requirements on industries already burdened with federal regulations, emphasizing the need to protect Idahoans from a progressive climate agenda.

Crapo's opposition to the proposed requirement dates back to its introduction, with various efforts made to block its implementation. These efforts included joining Republican colleagues on committees to oppose and call for the withdrawal of the proposal, as well as co-sponsoring legislative acts to analyze the impacts of climate rules on energy and agriculture producers.

Through their consistent advocacy and legislative actions, Senators Crapo and Risch have successfully averted a potentially burdensome requirement that could have adversely affected farmers and ranchers across the country.